The video-indexing patents auctioned off online this week by the Shoah Foundation Institute for Visual History and Education drew a bid of $7-million. The institute, which developed the technology to search its archive of testimonies from Holocaust survivors and liberators, will use the proceeds (less a 15-percent fee to the auction company, Ocean Tomo) to continue its educational and research programs. Ocean Tomo policies forbid the institute, an arm of the University of Southern California, to disclose the identity of the successful bidder, but a university official said it was a party that would actually use the patented technology, not a company that buys up patents in order to simply sue alleged infringers.
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One Response to Video-Indexing Patents From Holocaust Archive Draw $7-Million Bid at Auction
jonsonpeter - March 27, 2010 at 2:54 am
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